FX, Meet ESG

Record Currency Management, a currency manager, has signed on to the UN Principles for Responsible Investment, broadening the types of assets classes incorporating ESG factors. We are seeing growing interest among fixed income and real asset managers, as well. Coverage of this development can be found here. 

George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.